Romanian investors develop Sibiu’s first shopping centre

Romanian real estate developer Primavera Development will build a shopping centre in the centre of Sibiu, on the plot of the former Simerom plant. Festival Shopping Center is set to have a 44,000 sqm rentable area and is expected to be opened in H2 2018. The investment in the mall will amount to 70 million euros. … DTZ Echinox has been appointed as the exclusive agent for the leasing of the project. Read more on www.property-forum.eu